Bitcoin just going to $100,000 now? | Bitcointalksearch.org

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Quote from: calxibe on October 09, 2017, 04:10:02 AM

If it reaches $100,000, wouldn’t we end up with extremely high fees?

It depends on how you end up transacting. If you just transact in the way people are transacting now, sure, the fees will lift up while the market rate lifts up. This is something that has been happening for years now. However, with Lightning Network, people will be able to transact off-chain, and thus 'tackle' potentially expensive fees. It should bring back the micro transaction functionality, but that's something we will only know for sure when it's actually operational - right now we can only talk about what's theoretically possible.

glowing10

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Quote from: calxibe on October 09, 2017, 04:10:02 AM

If it reaches $100,000, wouldn’t we end up with extremely high fees?

Firstly its doubtful that bitcoin even reach 100000$ personally. The first target of 5k and second 10k even if it reach by 2018 will be a good target. Lets hope it reaches as high as possible and yes it seems so if the prices reaches high the fees will also increase and it will become more expensive to transfer from one wallet to some one else wallet etc.

rb26

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Quote from: Hong Kong on August 07, 2017, 09:33:51 AM

Ok last night I suddenly felt that BTC's road to $100k is imminent

Sounds crazy? Yes maybe, but it really is not

BTC at $100k is the right value

And we r going to see it go there now. Shocked

You'll see my friends

I cannot feel it. I mean, come on, there has been a strong resistance to the 5000 USD and now we will go to 100k USD? That's preposterous. I know being optimistic about Bitcoin is a good thing, however we must go to the reality sometimes. I would take a lot of years before we go there. I admit, I want to see Bitcoin at that level. But that quick? A fairy tale.

wuvdoll

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Quote from: denny27 on October 09, 2017, 04:07:55 AM

Well.. I must believe or how, I personally still can't confirm or predict that bitcoin price will reach $100k, it will be amazing in all history of bitcoin price developments if it reached that figure. May God bless to the bitcoin price for the future till makes more people become a rich.

Is it not amazing how we had it at about $600 to $800 at the beginning of this year and having it rise to about $4500 to $5000 even before the end of this year already? Bitcoin is really going to surprise a whole lot of people in the coming years as we will see so many news popping up from various countries and the whole media attention focused on bitcoin. However, specific time cannot actually be predicted for bitcoin as $100,000 in value right now.

Senja Kemuning

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Patience, 100k price will be achieved but it takes at least 5 years if we calculate the percentage increase as this year. I expect bitcoin prices to reach $ 10,000 before this year is over.

Rinsend

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Quote from: denny27 on October 09, 2017, 04:07:55 AM

Well.. I must believe or how, I personally still can't confirm or predict that bitcoin price will reach $100k, it will be amazing in all history of bitcoin price developments if it reached that figure. May God bless to the bitcoin price for the future till makes more people become a rich.

You have to believe in this.
We have seen today the increasingly insane bitcoin prices have now penetrated the fantastic numbers.
would greatly allow this to double again. If we look now south korea increasingly craze in the use of digital currency.
south korea is now the largest bitcoin user country in the world.
After the country began to adopt bitcoin in some big companies.
So a $ 100k price will be very possible if you see the growth of digital currency getting crazy

Quietman

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Yeah but not now. 100K is quite high if you expect it that quick. In few years time. By the end of this year, we might have a 5000$ mark then $10K next year. Let's hold anf wait for it to happen. This ain't impossible with bitcoin.

blockman

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$100,000 is possible but no idea on when this speculation will happen. And it's not going to happen right now, there are so many speculators that are into this high speculative ideas on bitcoins price. I don't question those people that are keep on bringing out different speculations though most of them are high. I also hope that bitcoin will reach $100,000 but to be real it's not going to happen now.

Burks

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Quote from: denny27 on October 09, 2017, 04:07:55 AM

Well.. I must believe or how, I personally still can't confirm or predict that bitcoin price will reach $100k, it will be amazing in all history of bitcoin price developments if it reached that figure. May God bless to the bitcoin price for the future till makes more people become a rich.

No one can predict what is gonna happen in the future maybe it will reach $ 100K or more.Because we knows that value of bitcoin when it was launched and today its value is many many times more than that value.In 10 years or 50 years needed to reach that value of $100K.
But i expect that in 2025 the value will be $ 10K.

calxibe

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If it reaches $100,000, wouldn’t we end up with extremely high fees?

denny27

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Well.. I must believe or how, I personally still can't confirm or predict that bitcoin price will reach $100k, it will be amazing in all history of bitcoin price developments if it reached that figure. May God bless to the bitcoin price for the future till makes more people become a rich.

NY-city

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Quote from: Hong Kong on August 07, 2017, 09:33:51 AM

Ok last night I suddenly felt that BTC's road to $100k is imminent

Sounds crazy? Yes maybe, but it really is not

BTC at $100k is the right value

And we r going to see it go there now. Shocked

You'll see my friends

Aha of years so through 20 if in general in 5 years all does not cease, technology kripto the same MMM. While people need it, this lives. if they do not want to continue or are unprofitable, then everything will die.

VanDeinsberg12

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Quote from: HatakeKakashi on October 08, 2017, 03:45:17 PM

Everything is possible to happen and maybe we see the price of bitcoin in 100k dollars after fee years but we dont know when and we dont know if its truly happen. Because the price of 100k dollars is very big amount and we need more time to reach that and the probability to hit 100k dollars is very low. But it depends on the demand on the market if the price increase or decrease.

Couldn't agree more that everything is possible but if you do use your logic, $100k is just too much for the price of bitcoin unless the scalability issue have been all resolved then it's fine.
I'm myself holding a big amount of bitcoin expecting such event to occur but if the scalability issue hasn't been resolved yet and the price increase that high, bitcoin is actually doomed.

meebs

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Don't expect too high from bitcoins or else you will get disappointed when you will see low price of bitcoin in future as there is still big question mark on the future of bitcoins and expecting this high price is something useless and we should leave it to the time as only time can show us clear picture and we should be happy that price is at least moving in a positive direction at a moment.

The Sceptical Chymist

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Strangely enough, I've had similar dreams about bitcoin--then I wake up and we're still at $4400 or whatever.
Bitcoin is probably going to get there eventually, but it'll happen when I own absolutely no bitcoin whatsoever, and I will not have predicted it in a dream--knowing my luck. And we're still way far away from that right now. Maybe in 10 years if something better doesn't come along.

batang_bitcoin

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Quote from: rarkenin on October 08, 2017, 04:47:28 PM

I really cant understand why people wait for such huge expectations on cryptocurrency trading.Maybe someone misinformed you about bitcoin or other altcoin/tokens but this really makes me to feel bad.

Bitcoin growth because of it's speculative market and that's why there are so many people, financial professionals are keep on speculating with large values of bitcoin. Do you remember who speculated bitcoin @ $500,000? It's McAfee and he believes that time will come after 3 years. Maybe we'll find some other speculations that will come and it's on large amount but we don't know on when that will happen.

rarkenin

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I really cant understand why people wait for such huge expectations on cryptocurrency trading.Maybe someone misinformed you about bitcoin or other altcoin/tokens but this really makes me to feel bad.

Wilhelm

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OP is wrong. According to the law of linear pull-out-of-ass growth prognosis the following.

2011 the price was $3
2017 the price is $4600

approx. 1533x growth in 6 years
approx. 255x growth per year

Continuing in that fashion next year should be

Roughly (low-ball-estimate) $1M per BTC

Roll Eyes

Me can do TA Tongue

Let's get serious: Bitcoin will not double this year. Maybe at the end of next year we will go to $9K but 10K is going to be a major (get out of here) psychological point. It will take months to pass.
Then again I hope 100K next year Cheesy

HatakeKakashi

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Everything is possible to happen and maybe we see the price of bitcoin in 100k dollars after fee years but we dont know when and we dont know if its truly happen. Because the price of 100k dollars is very big amount and we need more time to reach that and the probability to hit 100k dollars is very low. But it depends on the demand on the market if the price increase or decrease.

aardvark15

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Quote from: Astrilian on October 08, 2017, 08:46:37 AM

Quote from: VanDeinsberg12 on October 08, 2017, 08:27:33 AM

Quote from: Wexnident on October 08, 2017, 08:18:59 AM

Quote from: Hong Kong on August 07, 2017, 09:33:51 AM

Ok last night I suddenly felt that BTC's road to $100k is imminent

Sounds crazy? Yes maybe, but it really is not

BTC at $100k is the right value

And we r going to see it go there now. Shocked

You'll see my friends

Indeed, it is possible but I doubt that it will happen within 5 years from now. What I mean is that, there'll be more years to cone for Bitcoin to be priced and be able to reach that huge amount of value. And maybe it will only happen if most countries will make Bitcoin legal for it to be used in regular transactions that will make its market demand high and ofcourse, its market value or price.

That amount is actually too dreamy, when bitcoin just reached that price, everything will go bats crazy such as fee, and many more. no one will going to use bitcoin as their one method to transfer money instead, sending a money with bitcoin will be too much of fee, be realistic guys, such price for bitcoin doesn't make sense at all.

I agree, only because there was a price surge from a few hundred dollars to a few thousands, what makes you believe this trend will go on until you reach the 100k mark?

Bitcoin will most likely get to $100,000 eventually but I think it will be several years. The price won't increase constantly without some corrections along the way. That's wahat is happening right now after the increase over the last year. I hear people say that Bitcoin will reach as much as $500,000 but if so, it will take a long time. Possibly 5 to 10 years to get to $100,000 but it just depends on demand.

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